Daily Progress: Costamare Inc (CMRE) Gain 8.96, Closing at 9.12

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In the latest session, Costamare Inc (NYSE: CMRE) closed at $9.12 up 8.96% from its previous closing price of $8.37. In other words, the price has increased by $8.96 from its previous closing price. On the day, 0.94 million shares were traded. CMRE stock price reached its highest trading level at $9.2247 during the session, while it also had its lowest trading level at $8.11.

Ratios:

For a deeper understanding of Costamare Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.72.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on April 24, 2023, Downgraded its rating to Hold and sets its target price to $10 from $15 previously.

On January 13, 2023, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $12.50 to $11.

On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $19.Jefferies initiated its Buy rating on July 21, 2022, with a $19 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 04 ’25 when DILOFO HOLDINGS LIMITED bought 59,840 shares for $9.80 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMRE now has a Market Capitalization of 1094044288 and an Enterprise Value of 2727986176. As of this moment, Costamare’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.74, and their Forward P/E ratio for the next fiscal year is 3.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 1.309 whereas that against EBITDA is 4.348.

Stock Price History:

The Beta on a monthly basis for CMRE is 1.15, which has changed by -0.19788921 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, CMRE has reached a high of $17.58, while it has fallen to a 52-week low of $8.26. The 50-Day Moving Average of the stock is -11.73%, while the 200-Day Moving Average is calculated to be -30.23%.

Shares Statistics:

For the past three months, CMRE has traded an average of 486.70K shares per day and 718890 over the past ten days. A total of 119.95M shares are outstanding, with a floating share count of 43.37M. Insiders hold about 63.85% of the company’s shares, while institutions hold 28.17% stake in the company. Shares short for CMRE as of 1741910400 were 960571 with a Short Ratio of 1.97, compared to 1739491200 on 1128261. Therefore, it implies a Short% of Shares Outstanding of 960571 and a Short% of Float of 2.1999999999999997.

Dividends & Splits

According to the company, the forward annual dividend rate for CMRE is 0.46, from 0.46 in the trailing year. Against a Trailing Annual Dividend Yield of 0.054958187The stock’s 5-year Average Dividend Yield is 4.46.

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